Course
Payroll Management: Legal Compliance and Best Practices in Malaysia
This course provides comprehensive training on payroll management, focusing on the legal requirements and best practices in Malaysia. Participants will gain an understanding of payroll laws, regulations, and practices, ensuring compliance and efficiency in managing payroll processes.
- To familiarize participants with the legal framework governing payroll management in Malaysia, including relevant laws, regulations, and statutory requirements.
- To provide a comprehensive overview of payroll processes, including salary calculations, deductions, contributions, and statutory filings.
- To equip participants with practical skills and knowledge to effectively manage payroll operations, ensure accuracy, and mitigate risks of non-compliance.
- To guide participants in implementing best practices for payroll administration, including record-keeping, reporting, and handling payroll-related queries from employees and authorities.
- To empower participants to address common payroll challenges, such as tax compliance, benefits administration, and handling payroll audits.
- Understanding of the legal framework and regulatory requirements governing payroll management in Malaysia, including the Employment Act, Income Tax Act, EPF Act, and SOCSO Act.
- Knowledge of payroll processes, including salary computation, deductions for taxes, EPF, SOCSO, and other statutory contributions, as well as overtime calculations and allowances.
- Skills for ensuring accuracy and compliance in payroll administration, including proper record-keeping, documentation, and payroll software utilization.
- Awareness of best practices for payroll management, including timely payment of salaries, adherence to deadlines for statutory filings, and effective communication with employees regarding payroll matters.
- Strategies for addressing payroll-related issues, such as handling payroll queries from employees, resolving discrepancies, and preparing for payroll audits by regulatory authorities.
HR professionals, payroll administrators, finance managers, accountants, business owners, and anyone involved in managing payroll functions within organizations.
This course is relevant across all industries and sectors operating in Malaysia, including corporate offices, manufacturing, services, healthcare, education, hospitality, and retail.
- Introduction to Payroll Management
- Payroll Processes
- Payroll Administration
- Taxation and Statutory Deductions
- Benefits Administration
- Payroll Software Utilization and Automation
- Handling Payroll Queries and Resolving Discrepancies
- Payroll Audits and Compliance Reviews